ST. PAUL, Minn.--(BUSINESS WIRE)--St. Jude Medical, Inc. (NYSE:STJ) today reported sales and net earnings for the third quarter ended September 29, 2007. Third Quarter Results The Company reported net sales of $927 million in the third quarter of 2007, an increase of 13% compared to the $821 million in the third quarter of 2006. Favorable foreign currency translation comparisons increased third quarter sales by approximately $20 million. Reported net earnings for the third quarter of 2007 were $160 million, or $0.46 per diluted share. This compares to reported net earnings for the third quarter of 2006 of $116 million, or $0.32 per diluted share, which included a special charge of $0.06 per share related to various restructuring activities.
